Ever-tightening government funds and rollbacks to longstanding social programs continue to impact millions of Americans — with job losses and, in many cases, diminished access to vital programs and services. Nonprofits are on the frontlines, filling in many of these service gaps, but they’re doing so with fewer governmental grants, less capital and a revolving door of policy … [More]
Why Arizona Companies Are Turning to ESOPs
Employee stock ownership plans transform business transitions from endpoints into evolutions
Across Arizona, closely held companies are rethinking how — and to whom — they will eventually sell. Common M&A paths don’t always align with the complex goals of founders, families and management teams, especially when legacy, culture and continuity are chief concerns. In response, more local businesses are embracing employee stock ownership plans (ESOPs) as transition … [More]
Manufacturing Growth Spurs Need for Real Estate, Housing Development in Phoenix
A defining feature of the post-COVID-19 economy has been a broad push to bring manufacturing jobs back to the United States. For decades, leveraging inexpensive overseas labor was viewed as a smart business strategy. However, the pandemic exposed the vulnerabilities of overreliance on global supply chains. Add rising geopolitical uncertainty and increasing offshore production … [More]
Semiconductor Seminar in Arizona Tries to Answer What Comes Next
Global Semiconductor Hub, a semiconductor seminar held in Arizona, brought together industry leaders to discuss what comes next for AI, and much of the conversation focused less on software and more on the hardware needed to support it. Arizona Commerce Authority President and CEO Sandra Watson opened the program, placing the discussion in the context of the state’s growing … [More]
What Happens when Memory Can’t Keep Up
With increasing demand, rising memory costs are showing up in everyday products
As manufacturers steer more memory capacity toward AI data centers, customers in other parts of the market are starting to feel the effects. Supply is getting tighter, long-term commitments are harder to secure and some buyers are being forced to plan around uncertainty. Demand is rising quickly, but new supply isn’t keeping pace. Much of the industry’s investment is going … [More]
How Rapid Drone Is Turning Aerial Intelligence into Operational Strategy
When a police commander can see an unfolding scene before officers arrive, or a utility executive can detect infrastructure stress before failure, the advantage is not the drone. It is the decision. Phoenix-based Rapid Drone has built its business around that distinction. As organizations face pressure to move faster, operate leaner and reduce risk, Rapid Drone does not sell … [More]
Retail Project to Serve Surging Growth in West Valley
Diversified Partners, one of Arizona’s leading real estate brokerage and development firms, recently unveiled plans for a new commercial retail development at the southeast corner of 99th Avenue and Indian School Road, just west of Loop 101 in Phoenix, to serve a rapidly expanding trade area. Located near major employment and entertainment drivers, the development is designed … [More]
Tempe Industrial with Rail Spur Capability
The recently completed Source Business Center brings 144,885 square feet of Class-A industrial space to Tempe. Situated on a 15-acre site at the southeast corner of Warner Road and Hardy Drive, the property features prominent frontage on Warner Road, direct access to I-10 and Loop 101 and rail spur capability due to its adjacency to a Union Pacific rail line. Developed by … [More]
The Business Case for Financing to Level the Legal Playing Field
The story is all too familiar. An everyday product or environmental site becomes the subject of a large-scale health or safety lawsuit. While the headlines often focus on the legal battle, they rarely reveal the financial realities behind it. For the individuals affected, the path to accountability often depends not just on the strength of their case but also on their ability … [More]
Partnership to Enhance Campus Hospitality Service
Together, Aramark and the Steve Short Culinary Team are co-creating a holistic hospitality ecosystem designed to support ASU’s academic, athletic and social life. The collaboration extends far beyond dining halls, introducing data-informed enhancements, streamlined concessions, new culinary concepts and guest-centered experiences across stadiums, arenas and event venues. These … [More]
Goodwill Is Expansive Workforce Development
At Goodwill of Central and Northern Arizona, our vision is ending poverty through the power of work. Through our mission services, we are empowering individuals, strengthening families and building stronger communities via workforce development and career services, as well as no-cost education initiatives, all made possible by generous donations and purchases at Goodwill retail … [More]
